Housing Market Analysis for FACTORY ROAD, NE21 5RU

Are you looking to understand NE21 5RU house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Gateshead postcode.

For the location information and nearby amenities in the NE21 5RU area, explore the NE21 5RU Area information page.
For comprehensive crime statistics in the NE21 5RU area, explore the NE21 5RU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the NE21 5RU postcode area, The average prices are as follows,

  • Other
    • The average price is around £777,000 median price is £948,000 Standard Deviation is £580,618 with Total Sold: 5
    • The Last 5 Year average price is £846,000 with Total Sold: 2
    • The most recent sale happened at this postcode is FRANKLIN STEEL PLC FACTORY ROAD: £1,602,000 (Sold on 29 Jul 2022)
    • The first recorded sale happened at this postcode is W T BURDEN LTD FACTORY ROAD: £948,000 (Sold on 11 Nov 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average NE21 5RU house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,602,0001
2020£90,0001
2017£1,100,0001
2016£145,0001
2013£948,0001

All the Sales in the FACTORY ROAD, NE21 5RU

See the table below for more details on the sold house prices in the NE21 5RU, Gateshead postcode.

AddressSold DatePrice% Change
FRANKLIN STEEL PLC FACTORY ROADOther, Freehold29 Jul 2022£1,602,00045.64%
03 Feb 2017£1,100,000First Sale
RED ROSE ENGINEERING YARD, 1 - 2 FACTORY ROADOther, Freehold24 Aug 2020£90,000First Sale
1 FACTORY ROADOther, Freehold13 Sep 2016£145,000First Sale
W T BURDEN LTD FACTORY ROADOther, Freehold11 Nov 2013£948,000First Sale

Check out the sold house prices near the NE21 5RU postcode. Properties currently for saleProperties currently for rent

FACTORY ROAD, NE21 5RU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the NE21 5RU postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the NE21 5RU postcode.

  • Other
    • The average price is around £1,106,302 median price is £220,000 Standard Deviation is £2,096,406 with Total Sold: 49
    • The Last 5 Year average price is £1,606,580 with Total Sold: 24
    • The most recent sale happened at this postcode is , PREMPACK LTD CHAINBRIDGE ROAD: £1,656,000 (Sold on 17 Jun 2024)
    • The first recorded sale happened at this postcode is , W T BURDEN LTD FACTORY ROAD: £948,000 (Sold on 11 Nov 2013)
  • Terraced
    • The average price is around £93,197 median price is £75,000 Standard Deviation is £58,971 with Total Sold: 54
    • The Last 5 Year average price is £150,839 with Total Sold: 12
    • The most recent sale happened at this postcode is , 21 BIRCH ROAD: £160,995 (Sold on 30 Oct 2023)
    • The first recorded sale happened at this postcode is , 10 DENE ROAD: £50,000 (Sold on 17 Mar 1995)
  • Detached
    • The average price is around £255,270 median price is £239,995 Standard Deviation is £112,316 with Total Sold: 11
    • The Last 5 Year average price is £303,281 with Total Sold: 7
    • The most recent sale happened at this postcode is , 27 BIRCH ROAD: £280,995 (Sold on 27 Oct 2023)
    • The first recorded sale happened at this postcode is , BLAYDON HOUSE GARDEN STREET: £210,000 (Sold on 25 Jun 2004)
  • Semi-Detached
    • The average price is around £132,305 median price is £115,000 Standard Deviation is £74,112 with Total Sold: 27
    • The Last 5 Year average price is £195,482 with Total Sold: 12
    • The most recent sale happened at this postcode is , 35 BIRCH ROAD: £225,995 (Sold on 31 Aug 2023)
    • The first recorded sale happened at this postcode is , 20 DENE ROAD: £30,000 (Sold on 28 Jun 1996)
  • Flat
    • The average price is around £68,467 median price is £75,000 Standard Deviation is £22,086 with Total Sold: 78
    • The Last 5 Year average price is £71,650 with Total Sold: 3
    • The most recent sale happened at this postcode is , S2 CHEVIOT COURT WEST VIEW: £80,000 (Sold on 27 Sep 2022)
    • The first recorded sale happened at this postcode is , G2 CHEVIOT COURT WEST VIEW: £29,000 (Sold on 17 Mar 1995)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,656,0001
2023£188,5002
2022£2,148,9335
2021£3,182,3786
2020£899,1437
2019£130,6673
2018£791,157 £1,185 11
2017£524,8747
2016£181,6673
2015£593,6673
2013£948,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£186,853 £872 7
2022£67,000 £779 1
2021£71,550 £1,013 2
2019£146,000 £1,203 2
2018£68,000 £1,046 1
2017£155,025 £996 2
2015£154,000 £1,115 2
2014£121,500 £690 1
2013£68,500 £994 2
2012£68,000 £1,046 1
2011£97,875 £1,011 2
2007£94,000 £886 5
2006£73,580 £971 5
2005£72,250 £1,179 2
2004£130,0001
2003£58,333 £807 3
2002£87,0001
2001£34,667 £447 3
2000£58,362 £391 4
1999£71,300 £405 1
1998£32,475 £328 2
1997£20,0001
1995£48,717 £384 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£258,8286
2021£570,0001
2011£135,0001
2006£115,0001
2005£225,0001
2004£210,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£209,8856
2022£194,296 £1,285 5
2021£115,000 £1,117 1
2016£66,000 £1,119 1
2015£72,000 £1,140 1
2010£210,000 £978 1
2007£87,500 £1,108 2
2006£108,750 £861 4
2003£78,0001
2001£30,000 £508 1
2000£14,000 £222 1
1997£58,225 £437 2
1996£30,000 £300 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£79,975 £1,008 2
2020£55,000 £1,341 1
2018£71,000 £1,305 9
2017£73,000 £1,444 1
2016£81,842 £1,828 19
2015£68,000 £1,019 3
2011£87,225 £1,176 2
2010£92,500 £1,652 1
2009£79,000 £1,039 1
2008£95,983 £1,707 3
2007£93,200 £1,998 5
2006£93,375 £1,691 4
2004£87,500 £1,219 2
2003£58,483 £1,037 3
2002£51,112 £668 4
2001£38,967 £791 3
2000£32,000 £627 1
1999£35,933 £549 3
1998£37,375 £552 2
1997£33,417 £785 3
1996£34,167 £463 3
1995£30,667 £668 3

House Type in NE21 5RU area

The most common house types in the NE21 5RU postcode area are Semi-detached (67), Detached (54), and Terraced (49).

Total181
Semi-detached67
Detached54
Terraced49
Flat11
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (76), and Owned: Owns outright (75).

Owned: Owns with a mortgage or loan76
Owned: Owns outright75
Private rented: Private landlord or letting agency26
Private rented: Other private rented4
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the NE21 5RU have 2 people in household (66), and 1 person in household (50).

2 people in household66
1 person in household50
3 people in household30
4 people in household25
5 people in household6
6 people in household2
7 people in household1
0 people in household0
8 or more people in household0